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Jul 31, 2010 7:00pm EDT
. >> the lockerbie bombing. the u.s. senator in charge of the inquiry said his committee will come to britain for answers. ferry in the u.s. military over the afghan wikileaks. >> the truth must come first. first the truth because without the truth, no public policy is going to work. >> hello. the oil giant bp announced a multibillion-dollar losses and in the wake of the gulf of mexico spill. it also has a new chief executive to take over from beleaguered -- beleaguered boss tony hayward. the company has allocated more than $72 billion to cover the cost of the spill. this is cold comfort to be thousands of people whose lives have been blighted by the disaster. as peter marshall reports from louisiana, bp may be in for one of the biggest and longest battles in oil spill history. >> people say the petrochemical industry is just as dangerous. there are a lot of industries that are dangerous. this is just unsafe. >> by nature, and he is attacks and the thrill seeker. he is a profession of lawyer. he is about to swoop on to bp. and jump ♪ad >> bp has a routine of taking more risks and and their
Jul 10, 2010 7:00pm EDT
: and while the debt crisis is absorbing the eurozone and the u.s. is overhauling its financial reform bill, kazakhstan is looking back on an orderly bank restructuring programme. >>the conference highlighted the fact that kazakhstan's survival and revival post crisis, is very relevant to the ongoing reorganization of u.s. and european banks. >>marcia favale tarter is the international advisor to the prime minister responsible for the bank restructuring. she says the success is due to its homegrown strategy of burden sharing... devised internally by kazakhstan. >>tarter: a key decision in having a burden-sharing approach was exactly not to burden the sovereign with additional debt. and because we were not out there raising money in inopportune times, the government was able to then completely participate in the recovery of the commodity cycle and we've seen that in the gdp growth of the country. >>reporter: this successful restructuring... where the investors become partners by providing them tools to recoup their losses... led some delegates to suggest it as a case study for debt burdened
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